Argentina's markets are closed in observance of Flag Day President Bush hosts the annual U.S.-European Union summit in WashingtonSecretary of State Condoleeza Rice visits the Middle East and Europe, through Thursday Fed's Lacker speaks at 10:15 at Bankers Convention in Hot Springs, VAThe Bank of Japan releases minutes from its April and May monetary policy meetingsThe OECD evaluates Russia's progress in making regulatory reforms to boost efficiency and fairness in a market economyThe Bundesbank releases its monthly bulletin

The Swedish central bank ends its meeting, and issues its interest-rate discussionFed's Governor Mark Olson testifies before the Senate Banking Committee about relief proposalsSEC director of market regulation, Annette Nazareth speaks at a NYSE conferenceTalks open between North and South Korea amid international efforts to get the North to return to six-nation talks on ending their nuclear arms program

The Bank of England publishes minutes from its May Meeting Congressional panels hold hearings on the financial stability of airlines, mergers in the telecom industry, and airline pensionsThe Lord Mayor of London's annual dinner takes place, at which the chancellor of the exchequer and the central bank governor traditionally make speeches and set economic policy.

British Prime Minister Blair outlines his priorities for the presidency of the EU, at a European Parliament session in BrusselsInternational Arab Banking summit is held in FrankfurtForeign ministers of the Group of Eight nations meet in London

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